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resigned. He waited until the routine business had been
finished, and then rose slowly to his feet.

"Mr. Chairman," he began, addressing Mr. Morse, who
looked up at him with some surprise on his features, " with
your kind indulgence there's something I'd like to say to the

" Certainly," Mr. Morse said, glanced quickly about at the
other men, and then returned his gaze to the speaker. They,
too, were fixing their eyes on the erect figure of Captain
Todd. It was not customary to stand while speaking. Cap-
tain Todd's expression betrayed nothing as he looked around
the group. In his curiosity, Mr. Munn leaned forward a
little, and then, with certainty as though the immediate
future were perfectly clear to him even before the Captain
began to speak, he knew what was about to happen. He's
getting out, he thought. He leaned back in his chair, waiting.

" I am going to resign from the board of the Association,"
the Captain announced. His tone was even, almost casual.
" I want my resignation to take effect now."

Somebody said, " For God's sake!"

"Now, now, Captain," Mr. Morse remonstrated. "Now,

" Now/' Captain Todd said, lifting one hand a little in a
gesture for silence. "I'm getting off the board. I'm getting
off the board because the board isn't running the Association
any more. The night riders are running it-----"

Mr. Sills leaned forward as though about to rise, then
stopped rigidly as the Captain turned toward him.

"I beg your pardon, I beg your pardon, Captain," Mr.
Morse was saying.

"It's a fact," the Captain insisted. "A fact, and you all
know it. We just meet up here and talk, but it's the night
riders run things. It's a false position." He looked around
the table, his glance seeming to pause for the flicker of an
instant on each face. " I'm not saying it's wrong. I'm not
saying I know what another man has to do. I'm just saying
I know what I've got to do."